Autumn Glory Partners LLC Takes Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Autumn Glory Partners LLC acquired a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 11,250 shares of the exchange traded fund’s stock, valued at approximately $517,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of GDX. Friedenthal Financial purchased a new position in shares of VanEck Gold Miners ETF during the first quarter valued at approximately $126,000. Johnson Investment Counsel Inc. boosted its position in shares of VanEck Gold Miners ETF by 2.5% during the first quarter. Johnson Investment Counsel Inc. now owns 119,772 shares of the exchange traded fund’s stock valued at $5,506,000 after buying an additional 2,913 shares during the last quarter. Steel Grove Capital Advisors LLC boosted its position in shares of VanEck Gold Miners ETF by 31.8% during the first quarter. Steel Grove Capital Advisors LLC now owns 81,258 shares of the exchange traded fund’s stock valued at $3,735,000 after buying an additional 19,588 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its position in shares of VanEck Gold Miners ETF by 16.3% during the first quarter. Kingswood Wealth Advisors LLC now owns 24,316 shares of the exchange traded fund’s stock valued at $1,116,000 after buying an additional 3,400 shares during the last quarter. Finally, Cushing Capital Partners LLC boosted its position in VanEck Gold Miners ETF by 7.1% in the first quarter. Cushing Capital Partners LLC now owns 25,595 shares of the exchange traded fund’s stock worth $1,177,000 after purchasing an additional 1,699 shares during the last quarter.

VanEck Gold Miners ETF Trading Down 1.0%

GDX stock opened at $53.00 on Thursday. The stock’s fifty day simple moving average is $50.13 and its two-hundred day simple moving average is $43.21. VanEck Gold Miners ETF has a 1-year low of $33.28 and a 1-year high of $54.70. The stock has a market cap of $16.34 billion, a P/E ratio of 21.14 and a beta of 0.55.

VanEck Gold Miners ETF Company Profile

The Fund seeks to match as closely as possible the price and yield performance of the AMEX Gold Miners Index. The Fund, utilizing a passive or indexing investment approach, attempts to approximate the investment performance of the Index by investing in a portfolio of stocks that generally replicate the Index.